NE Stock Overview
Operates as an offshore drilling contractor for the oil and gas industry worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Community Narratives
Create a narrativeNarratives bring a range of perspectives from our community.
Diamond Offshore Acquisition Will Position Fleet For Future Deepwater Demand
Noble Corporation plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$28.84 |
| 52 Week High | US$52.16 |
| 52 Week Low | US$28.70 |
| Beta | 0.99 |
| 1 Month Change | -16.11% |
| 3 Month Change | -19.53% |
| 1 Year Change | -39.14% |
| 3 Year Change | 14.85% |
| 5 Year Change | n/a |
| Change since IPO | 16.53% |
Recent News & Updates
Recent updates
Noble Corporation: Production Backlog And Capital Return Promising, Yet Low Visibility On Earnings Past 2025
Nov 08Noble Corporation: Strong Quarter But Muted Near-Term Outlook - Buy
Aug 21Noble Corporation: The Post Acquisition Outlook
Jul 16Should You Be Adding Noble (NYSE:NE) To Your Watchlist Today?
Jul 15
Is There An Opportunity With Noble Corporation plc's (NYSE:NE) 50% Undervaluation?
Jun 22Noble Corporation And Diamond Offshore Drilling: A Sensible Marriage
Jun 10We Think Noble (NYSE:NE) Can Stay On Top Of Its Debt
May 11Fewer Investors Than Expected Jumping On Noble Corporation plc (NYSE:NE)
Apr 20Here's Why We Think Noble (NYSE:NE) Is Well Worth Watching
Mar 30Noble (NYSE:NE) Has A Pretty Healthy Balance Sheet
Feb 07Noble Corporation: Quality Backlogs With Room To Grow
Feb 05Should You Be Adding Noble (NYSE:NE) To Your Watchlist Today?
Dec 15Noble Corporation: Strong Quarter, Raised Guidance, Undemanding Valuation - Buy
Nov 16Noble Corporation Can Rise Further As Offshore Rig Capacity Remains Scarce
Oct 17Noble Corporation Plc (NYSE:NE) Shares Could Be 50% Below Their Intrinsic Value Estimate
Oct 10With EPS Growth And More, Noble (NYSE:NE) Makes An Interesting Case
Aug 13Noble Corporation: Solid Quarter And Strong Long-Term Prospects - Buy
Aug 07Noble Corporation: Not Enough Upside
Jul 24If EPS Growth Is Important To You, Noble (NYSE:NE) Presents An Opportunity
May 07Getting In Cheap On Noble Corporation Plc (NYSE:NE) Might Be Difficult
Mar 01Noble updates Q4 Adjusted EBITDA guidance
Jan 23Are Investors Undervaluing Noble Corporation Plc (NYSE:NE) By 50%?
Dec 27Noble closes $350M term loan
Dec 22Noble's (NYSE:NE) Robust Earnings Are Not All Good News For Shareholders
Nov 10Noble Non-GAAP EPS of $0.50 beats by $0.11, revenue of $306M beats by $10.82M
Nov 03Shareholder Returns
| NE | US Energy Services | US Market | |
|---|---|---|---|
| 7D | -6.7% | -8.4% | -3.5% |
| 1Y | -39.1% | -14.5% | 22.1% |
Return vs Industry: NE underperformed the US Energy Services industry which returned -14.5% over the past year.
Return vs Market: NE underperformed the US Market which returned 22.1% over the past year.
Price Volatility
| NE volatility | |
|---|---|
| NE Average Weekly Movement | 5.4% |
| Energy Services Industry Average Movement | 6.5% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.0% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: NE has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: NE's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1921 | 3,600 | Robert Eifler | www.noblecorp.com |
Noble Corporation plc operates as an offshore drilling contractor for the oil and gas industry worldwide. The company provides contract drilling services to the oil and gas industry through its fleet of mobile offshore drilling units. It operates drilling rigs, such as floaters and jackups.
Noble Corporation plc Fundamentals Summary
| NE fundamental statistics | |
|---|---|
| Market cap | US$4.63b |
| Earnings (TTM) | US$501.41m |
| Revenue (TTM) | US$2.65b |
9.2x
P/E Ratio1.7x
P/S RatioIs NE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NE income statement (TTM) | |
|---|---|
| Revenue | US$2.65b |
| Cost of Revenue | US$1.53b |
| Gross Profit | US$1.11b |
| Other Expenses | US$610.84m |
| Earnings | US$501.41m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.13 |
| Gross Margin | 42.04% |
| Net Profit Margin | 18.95% |
| Debt/Equity Ratio | 42.3% |
How did NE perform over the long term?
See historical performance and comparisonDividends
6.9%
Current Dividend Yield49%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 22:50 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Noble Corporation plc is covered by 63 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kjetil Garstad | Arctic Securities ASA |
| null null | Argus Research Company |
| Fabrizio Spagna | Axia Financial Research |